Senior Mortgage Underwriter

ABOUT FIRSTSOURCE:Firstsource Solutions is a leading provider of customized Business Process Management (BPM) services. Firstsource specialises in helping customers stay ahead of the curve through transformational solutions to reimagine business processes and deliver increased efficiency, deeper insights, and superior outcomes. We are trusted brand custodians and long-term partners to 100+ leading brands with presence in the US, UK, Philippines, Mexico and India. Our rightshore delivery model offers solutions covering complete customer lifecycle across Healthcare, Telecommunications & Media and Banking, Financial Services & Insurance verticals. Our clientele includes Fortune 500 and FTSE 100 companiesUnderwriter and Senior Underwriter:Experience required for the Job: 5+ yearsJob Location: Mumbai/Chennai/ Bangalore/ HyderabadKey skills: Underwriting, US mortgagePosition Overview Candidate should have total 5+ years of US mortgage underwriting experienceWell versed with FNMA. FHLMC, knowledge of GNMA and investor guidelines is an additional benefitShould have good analytical and problem-solving skillsShould have decision-making skill when applying in business judgmentEvaluate complete loan documents and should provide approval or denial decisionComplete review of credit report to verify trade lines, derogatory accounts, public records and credit reconciliationThorough income calculation – Salaried income, business income, retired other income and rental incomeComplete review of Collateral and property valuationAssets verification includes borrower’s bank account statement, retirement accounts, mutual funds and other investments.Credit analysis based on borrower’s Income, Asset, Liability and Collateral (4C of Underwriting) to determine the credit worthiness of a customerValidating and processing the Loan documents on behalf a Mortgage lender organization.Evaluating evidence of borrower’s willingness and ability to repay the obligationGood communication, Presentation skills, Self-motivated and hard workingAbout you:Minimum 5 years of Underwriting experience in US Mortgage.Sound knowledge of US Residential mortgage.Exposure of Underwriting processes & guidelines.Excellent critical thinking, problem solving and sound judgment. Analysis and Calculation of qualifying income from Salaried various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc.Note:Share your resume to the below mentioned WhatsApp Number or Email ID.Reach out to the same contact number for further information regarding the interview process.Contact:Abhilash CB8754145298abhilash.cbb@firstsource.comDisclaimer:Firstsource follows a fair, transparent, and merit-based hiring process. We never ask for money at any stage. Beware of fraudulent offers and always verify through our official channels or Abhilash.cbb@firstsource.com